Napster with Niko Stratis
You're Wrong About
00:00
Napster
Napster is not hurting for money. It makes like eight million dollars a year which is pretty good. The thing that Napster really does more than anything is it forces the record industry to realize that they need to figure out how to monetize music online. Steve Jobs creates the iTunes Store in 2003 and kind of forces their hand, says this is how much we're going to sell albums for on the internet. And they kind of don't want to do it but they can't fight Steve Jobs.
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